vox-populi

H2 Update - New long positions - BITCOIN! (BTC)

Long
vox-populi Updated   
BITSTAMP:BTCUSD   Bitcoin
vOxX wHeN 13kKkKkK

Wait for the retrace to be confirmed and them go long.
I am still somewhat long from 9150 - 9475, took some profits but mostly going to let this ride. Obviously 12.2 was the short term top, we have multiple clues to that (bounce from .236, bounce from .382)
Also, you can see clearly the pattern of orderblock>price movement/manipulation>distribution.

If we go even close to 9k I probably stop trading bitcoin and focus on forex because that would make absolutely no sense to me.

I'm not going to write anything else unless people ask for it. If you want a more in-depth analysis, please refer to my current medium term analysis, linked below.

Prev and current analyses:


Comment:
None of this makes a whole lot of sense. It's not surprising, simply because it's Bitcoin, but I don't think it was ever intended to dump it so far.

Even so, we made another higher low, completed another retracement, and so far as I can tell, this analysis still looks to be valid.
Comment:
What am I thinking here? I am basing this analysis somewhat off the movement of XAU. Notice the reaction to fib

Comment:
Speed fans can be tricky
Comment:
Comment:
this fib circle sucks, that's what is keeping it down still IMO.
however, 10k only needs to hold a bit longer :)
Trade active:
~9750 long entries
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